simonkr Investment Thesis The Trade Desk (NASDAQ:TTD) delivered better-than-expected Q2 results and guidance, which saw its shares jump 7% after hours. The takeaway here is that its revenue growth rates are higher than I expected, which means that its momentum could remain strong into 2025. Therefore, the debt-free business is priced at 26x forward EBITDA, a multiple that is slightly cheaper than I previously expected. And yet, I still consider this stock to carry a rich price tag. Rapid Recap In my pre ...

The Trade Desk, Inc. (NASDAQ:TTD) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Chris Toth - Investor Relations Jeff Green - Chairman, Chief Executive Officer and Founder Laura Schenkein - Chief Financial Officer Conference Call Participants Shyam Patil - SIG Youssef Squali - Truist Securities Justin Patterson - KeyBanc Capital Markets Vasily Karasyov - Cannonball Research Mark Mahaney - Evercore Shweta Khajuria - Wolfe Research Tim Nollen - Macquarie Brian Pitz - BMO Capit ...

The Trade Desk (TTD) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this digital-advertising platform operator would post earnings of $0.22 per share when it actually produced earnings of $0.26, delivering a surprise of 18.18%.Over the last ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 10-Q ______________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37879 ____________________ ...

Exhibit 99.1 The Trade Desk Reports Second Quarter 2024 Financial Results LOS ANGELES--(BUSINESS WIRE)--August 8, 2024--The Trade Desk, Inc. ("The Trade Desk," the "Company" or "we") (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its second quarter ended June 30, 2024. "Q2 was another strong quarter for The Trade Desk, with revenue of $585 million, representing 26% year-over-year growth," said Jeff Green, Co-founder and CEO of The T ...

The stock has already trounced the S&P 500 since its IPO. Will it continue?Advertising is a pillar of the economy. Ad money is slowly shifting from old-fashioned mediums like print, radio, and broadcast television to digital ones, like the internet and streaming. This trend positions The Trade Desk (TTD 2.49%) as a big winner over the coming decades. The stock has already outperformed the market since going public, but there's plenty more upside ahead.The Trade Desk is worth nearly $42 billion today, so it' ...

The Trade Desk (TTD) closed the most recent trading day at $89.88, moving +0.04% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.08%. Elsewhere, the Dow saw an upswing of 0.75%, while the tech-heavy Nasdaq appreciated by 2.64%.Coming into today, shares of the digital-advertising platform operator had lost 8.64% in the past month. In that same time, the Computer and Technology sector lost 5.77%, while the S&P 500 lost 0.44%.The investment community will be cl ...

This growing adtech company deserves its premium valuation.The Trade Desk (TTD -0.24%) has generated impressive gains since its initial public offering in September 2016. The adtech company went public at a split-adjusted price of $1.80, reached a record high of $111.64 on Nov. 16, 2021, and eventually pulled back to about $92 today. That rally would still have turned a $20,000 investment into $1.02 million.Investors might be reluctant to buy the stock after those massive gains, and it doesn't look cheap at ...

This company has the ingredients to grow its business by 10 times.When it comes to growth stocks, investors will be quick to name companies like Shopify, the leading e-commerce software company; Palantir, a leading artificial intelligence (AI) software company; and the mighty Tesla, which requires no introduction.Still, some well-performing companies don't get as much attention from investors but have quietly been delivering massive shareholder returns over the years. This article will highlight one of thos ...

The Trade Desk’s (TTD) shares have gained 39.6% year to date, outperforming the Zacks Computer & Technology sector’s 21.5% gain and the Zacks Internet Services return of 22.8%.TTD is benefiting from an expanding clientele. Over the past 12 months, its platform has been used by the largest 200 advertisers in the world to run their advertising campaigns. A strong partner base that includes the likes of Disney (DIS) , Comcast’s NBCU, Walmart (WMT) , Amazon, Roku, Fox (FOXA) , VerticalScope Holdings, foodpanda ...